Procyon Advisors LLC Sells 1,320 Shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG)

Procyon Advisors LLC trimmed its position in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 9.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,132 shares of the company’s stock after selling 1,320 shares during the period. Procyon Advisors LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $1,200,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Jones Financial Companies Lllp raised its holdings in iShares Core U.S. Aggregate Bond ETF by 6.1% during the fourth quarter. Jones Financial Companies Lllp now owns 128,947,585 shares of the company’s stock valued at $12,495,021,000 after acquiring an additional 7,463,618 shares during the period. Raymond James Financial Inc. bought a new stake in iShares Core U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $7,545,901,000. Wells Fargo & Company MN lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 5.9% in the 4th quarter. Wells Fargo & Company MN now owns 53,836,254 shares of the company’s stock worth $5,216,733,000 after purchasing an additional 3,007,758 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in iShares Core U.S. Aggregate Bond ETF by 5.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 51,597,816 shares of the company’s stock worth $4,999,828,000 after purchasing an additional 2,718,705 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in iShares Core U.S. Aggregate Bond ETF by 9.9% in the 4th quarter. Bank of America Corp DE now owns 43,758,246 shares of the company’s stock worth $4,240,174,000 after purchasing an additional 3,944,353 shares during the period. 83.63% of the stock is currently owned by institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG opened at $97.28 on Friday. The firm has a market cap of $123.55 billion, a P/E ratio of 124.57 and a beta of 0.24. iShares Core U.S. Aggregate Bond ETF has a 1 year low of $95.74 and a 1 year high of $102.04. The company has a 50 day simple moving average of $97.84 and a two-hundred day simple moving average of $97.82.

iShares Core U.S. Aggregate Bond ETF Profile

IShares are index funds that are bought and sold like common stocks on national securities exchanges as well as certain foreign exchanges. iShares are attractive because of their relatively low cost, tax efficiency and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account.